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Loan and Allowance for Loan Losses (Tables)
6 Months Ended
Jun. 30, 2021
Loans And Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
June 30,
December 31,
(Dollars in thousands)
2021
2020
Commercial and industrial
$
87,933
$
82,585
Construction and land development
37,477
33,514
Commercial real estate:
Owner occupied
51,520
54,033
Hotel/motel
46,963
42,900
Multi-family
39,316
40,203
Other
105,046
118,000
Total commercial real estate
242,845
255,136
Residential real estate:
Consumer mortgage
33,140
35,027
Investment property
49,024
49,127
Total residential real estate
82,164
84,154
Consumer installment
7,762
7,099
Total loans
458,181
462,488
Less: unearned income
(1,197)
(788)
Loans, net of unearned income
$
456,984
$
461,700
Past Due Financing Receivables [Table Text Block]
Accruing
Accruing
Total
30-89 Days
Greater than
Accruing
Non-
Total
 
(Dollars in thousands)
Current
Past Due
90 days
Loans
Accrual
Loans
June 30, 2021:
Commercial and industrial
$
87,932
1
87,933
$
87,933
Construction and land development
37,273
204
37,477
37,477
Commercial real estate:
Owner occupied
51,520
51,520
51,520
Hotel/motel
46,963
46,963
46,963
Multi-family
39,316
39,316
39,316
Other
104,642
205
104,847
199
105,046
Total commercial real estate
242,441
205
242,646
199
242,845
Residential real estate:
Consumer mortgage
32,745
68
32,813
327
33,140
Investment property
48,922
48,922
102
49,024
Total residential real estate
81,667
68
81,735
429
82,164
Consumer installment
7,755
7
7,762
7,762
Total
$
457,068
485
457,553
628
$
458,181
December 31, 2020:
Commercial and industrial
$
82,355
230
82,585
$
82,585
Construction and land development
33,453
61
33,514
33,514
Commercial real estate:
Owner occupied
54,033
54,033
54,033
Hotel/motel
42,900
42,900
42,900
Multi-family
40,203
40,203
40,203
Other
117,759
29
117,788
212
118,000
Total commercial real estate
254,895
29
254,924
212
255,136
Residential real estate:
Consumer mortgage
33,169
1,503
140
34,812
215
35,027
Investment property
49,014
6
49,020
107
49,127
Total residential real estate
82,183
1,509
140
83,832
322
84,154
Consumer installment
7,069
29
1
7,099
7,099
Total
$
459,955
1,858
141
461,954
534
$
462,488
Allowance for Credit Losses on Financing Receivables [Table Text Block]
June 30, 2021
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
828
551
3,302
908
93
$
5,682
Charge-offs
(1)
(1)
Recoveries
2
13
11
26
Net recoveries (charge-offs)
2
12
11
25
Provision for loan losses
(1)
88
(598)
(82)
(7)
(600)
Ending balance
$
829
639
2,704
838
97
$
5,107
Six months ended:
Beginning balance
$
807
594
3,169
944
104
$
5,618
Charge-offs
(1)
(5)
(6)
Recoveries
54
26
15
95
Net recoveries (charge-offs)
54
25
10
89
Provision for loan losses
(32)
45
(465)
(131)
(17)
(600)
Ending balance
$
829
639
2,704
838
97
$
5,107
June 30, 2020
(Dollars in thousands)
Commercial and
industrial
Construction
and land
development
Commercial
real estate
Residential
real estate
Consumer
installment
Total
Quarter ended:
Beginning balance
$
675
582
2,596
877
137
$
4,867
Charge-offs
(4)
(27)
(31)
Recoveries
2
14
6
22
Net (charge-offs) recoveries
(2)
14
(21)
(9)
Provision for loan losses
6
31
319
63
31
450
Ending balance
$
679
613
2,915
954
147
$
5,308
Six months ended:
Beginning balance
$
577
569
2,289
813
138
$
4,386
Charge-offs
(4)
 
 
 
 
(32)
(36)
Recoveries
55
 
 
45
8
108
Net recoveries (charge-offs)
51
 
 
45
(24)
72
Provision for loan losses
51
44
626
96
33
850
Ending balance
$
679
613
2,915
954
147
$
5,308
Financing Receivable Allowance for Credit Loss Additional Information [Table Text Block]
Collectively evaluated (1)
Individually evaluated (2)
Total
Allowance
Recorded
Allowance
Recorded
Allowance
Recorded
for loan
investment
for loan
investment
for loan
investment
(Dollars in thousands)
losses
in loans
losses
in loans
losses
in loans
June 30, 2021:
Commercial and industrial (3)
$
829
87,933
829
87,933
Construction and land development
639
37,477
639
37,477
Commercial real estate
2,704
242,646
199
2,704
242,845
Residential real estate
838
82,067
97
838
82,164
Consumer installment
97
7,762
97
7,762
Total
$
5,107
457,885
296
5,107
458,181
June 30, 2020:
Commercial and industrial (4)
$
679
87,754
679
87,754
Construction and land development
613
32,967
613
32,967
Commercial real estate
2,915
250,370
218
2,915
250,588
Residential real estate
954
85,714
111
954
85,825
Consumer installment
147
8,631
147
8,631
Total
$
5,308
465,436
329
5,308
465,765
(1)
Represents loans collectively evaluated for impairment in accordance
 
with ASC 450-20,
Loss Contingencies
, and
 
pursuant to amendments by ASU 2010-20 regarding allowance for
 
non-impaired loans.
(2)
Represents loans individually evaluated for impairment in accordance
 
with ASC 310-30,
Receivables
, and
 
pursuant to amendments by ASU 2010-20 regarding allowance for
 
impaired loans.
(3)
Includes $22.1 million of PPP loans for which no allowance
 
for loan losses was allocated due to 100% SBA guarantee.
(4)
Includes $36.5 million of PPP loans for which no allowance
 
for loan losses was allocated due to 100% SBA guarantee.
Financing Receivable Credit Quality Indicators [Table Text Block]
(Dollars in thousands)
 
Pass
 
Special
Mention
Substandard
Accruing
Nonaccrual
Total loans
June 30, 2021:
 
Commercial and industrial
$
86,092
1,550
291
$
87,933
Construction and land development
37,235
3
239
37,477
Commercial real estate:
Owner occupied
49,361
2,026
133
51,520
Hotel/motel
39,151
7,812
46,963
Multi-family
35,786
3,530
39,316
Other
103,413
1,389
45
199
105,046
Total commercial real estate
227,711
14,757
178
199
242,845
Residential real estate:
Consumer mortgage
30,631
417
1,765
327
33,140
Investment property
48,408
183
331
102
49,024
Total residential real estate
79,039
600
2,096
429
82,164
Consumer installment
7,749
6
7
7,762
Total
$
437,826
16,916
2,811
628
$
458,181
December 31, 2020:
Commercial and industrial
$
79,984
2,383
218
$
82,585
Construction and land development
33,260
254
33,514
Commercial real estate:
Owner occupied
51,265
2,627
141
54,033
Hotel/motel
35,084
7,816
42,900
Multi-family
36,673
3,530
40,203
Other
116,498
1,243
47
212
118,000
Total commercial real estate
239,520
15,216
188
212
255,136
Residential real estate:
Consumer mortgage
32,518
397
1,897
215
35,027
Investment property
48,501
187
332
107
49,127
Total residential real estate
81,019
584
2,229
322
84,154
Consumer installment
7,069
7
23
7,099
Total
$
440,852
18,190
2,912
534
$
462,488
Impaired Financing Receivables [Table Text Block]
June 30, 2021
(Dollars in thousands)
Unpaid principal
balance (1)
Charge-offs and
payments applied
(2)
Recorded
investment (3)
Related allowance
With no allowance recorded:
Commercial real estate:
Other
$
211
(12)
199
$
Total commercial real estate
211
(12)
199
Residential real estate:
Investment property
103
(6)
97
Total residential real estate
103
(6)
97
Total
 
impaired loans
$
314
(18)
296
$
(1) Unpaid principal balance represents the contractual obligation due
 
from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments
 
that have been
applied against the outstanding principal balance subsequent to the loans
 
being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less
 
charge-offs and payments applied; it is shown before
 
any related allowance for loan losses.
December 31, 2020
(Dollars in thousands)
Unpaid principal
balance (1)
Charge-offs and
payments applied
(2)
Recorded
investment (3)
Related allowance
With no allowance recorded:
Commercial real estate:
Other
$
216
(4)
212
$
Total commercial real estate
216
(4)
212
Residential real estate:
Investment property
109
(2)
107
Total residential real estate
109
(2)
107
Total
 
impaired loans
$
325
(6)
319
$
(1) Unpaid principal balance represents the contractual obligation due
 
from the customer.
(2) Charge-offs and payments applied represents cumulative charge-offs taken, as well as interest payments
 
that have been
applied against the outstanding principal balance subsequent to the loans
 
being placed on nonaccrual status.
(3) Recorded investment represents the unpaid principal balance less
 
charge-offs and payments applied; it is shown before
 
any related allowance for loan losses.
Schedule Of Average Impaired Financing Receivable [Table Text Block]
Quarter ended June 30, 2021
Six months ended June 30, 2021
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
202
205
Total commercial real estate
202
205
Residential real estate:
Investment property
100
102
Total residential real estate
100
102
Total
 
$
302
307
Quarter ended June 30, 2020
Six months ended June 30, 2020
Average
Total interest
Average
Total interest
recorded
income
recorded
income
(Dollars in thousands)
investment
recognized
investment
recognized
Impaired loans:
Commercial real estate:
Other
$
54
31
Total commercial real estate
54
31
Residential real estate:
Investment property
28
16
Total residential real estate
28
16
Total
 
$
82
47
Troubled Debt Restructurings on Financing Receivables, Accrual Status [Table Text Block]
TDRs
Related
(Dollars in thousands)
Accruing
Nonaccrual
Total
Allowance
June 30, 2021
Commercial real estate:
Other
$
199
199
$
Total commercial real estate
199
199
Residential real estate:
Investment property
97
97
$
Total residential real estate
97
97
Total
 
$
296
296
$
TDRs
Related
(In thousands)
Accruing
Nonaccrual
Total
Allowance
December 31, 2020
Commercial real estate:
Other
$
212
212
$
Total commercial real estate
212
212
Investment property
107
107
Total residential real estate
107
107
Total
 
$
319
319
$
Troubled Debt Restructuring Modifications [Table Text Block]
Quarter ended June 30,
Six months ended June 30,
 
Pre-
Post -
Pre-
Post -
modification
modification
modification
modification
Number
outstanding
outstanding
Number
outstanding
outstanding
of
recorded
recorded
of
recorded
recorded
(Dollars in thousands)
contracts
investment
investment
contracts
investment
investment
2020:
Commercial
 
real estate:
Other
$
1
$
216
216
Total commercial real estate
1
216
216
Residential real estate:
Investment property
3
111
111
Total residential real estate
3
111
111
Total
 
$
4
$
327
327